Add Climate Change: Growing Doubts Over Chip Fat Biofuel
commit
ff772be56a
|
|
@ -0,0 +1,43 @@
|
||||||
|
<br>Climate modification: Growing doubts over chip fat [biofuel](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4)<br>
|
||||||
|
<br>21 April 2021<br>
|
||||||
|
<br>comments<br>
|
||||||
|
<br>354 Comments<br>
|
||||||
|
<br>New research study questions the environmental effect of increasing imports of used cooking oil (UCO) into the UK and Europe.<br>
|
||||||
|
<br>Chip fat and other oils are considered waste, so when they are used to make biodiesel it saves carbon emissions by displacing fossil oil.<br>
|
||||||
|
<br>But such is the need across Europe that imports now account for over half of the UCO that's made into fuel.<br>
|
||||||
|
<br>According to the research study, external, there's no chance to prove these [imports](https://pitchbook.com/profiles/company/51278-86) are sustainable.<br>
|
||||||
|
<br>With no testing of what's being available in, specialists think it is likewise ripe for fraud.<br>
|
||||||
|
<br>Used cooking oil imports may improve logging<br>
|
||||||
|
<br>Consumers present 'growing hazard' to tropical forests<br>
|
||||||
|
<br>Reducing emissions from [transportation](https://www.bloomberg.com/profile/company/MNELF:US) is proving to be one of the toughest obstacles for federal governments all over the world.<br>
|
||||||
|
<br>They have actually [encouraged](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) using biofuels as a crucial means of suppressing carbon from vehicles and [lorries](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
|
||||||
|
<br>Biofuels are [typically](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) a mix of fossil fuel and oil made from plants or vegetables.<br>
|
||||||
|
<br>The fact that these crops can be re-grown and soak up more CO2 means they cancel out the carbon given off when utilized in [engines](https://www.crunchbase.com/organization/mission-newenergy).<br>
|
||||||
|
<br>Soy and palm oil were when widely [utilized](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) as components of [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) however this practice has been commonly discredited because it encourages .<br>
|
||||||
|
<br>So for the last years approximately, making use of used cooking oil has actually expanded massively as an alternative feedstock for fuel.<br>
|
||||||
|
<br>Chip fat and other waste oils have ended up being a crucial element of biodiesel with an efficient market [springing](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) up across Europe to collect and process the product.<br>
|
||||||
|
<br>But with the amount of [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) made from UCO increasing by around 40% every year considering that 2014, there just isn't adequate chip fat to walk around.<br>
|
||||||
|
<br>According to a report from the project group Transport & Environment, external, more than half of the UCO utilized in Europe is imported.<br>
|
||||||
|
<br>Their research study recommends this is extremely problematic when it comes to influence on the environment.<br>
|
||||||
|
<br>While UCO is considered a waste material in the UK, in China, Indonesia and Malaysia it has long been utilized to feed animals. The report raises the concern of what individuals in these nations are replacing the UCO with, when it is [exported](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
|
||||||
|
<br>In 2019, [Malaysia exported](https://www.zoominfo.com/c/mission-newenergy/346542889) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European countries aren't available but the circulation of UCO is most likely to be similar.<br>
|
||||||
|
<br>With a population of around 33 million, that's close to 3 litres per head of utilized oil that's collected and exported to the UK and Ireland alone.<br>
|
||||||
|
<br>By contrast, Thailand, which has a [population](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) of 70 million people, managed to gather around five million litres of UCO in 2019.<br>
|
||||||
|
<br>"Because we are buying it, they have less used cooking oil to utilize on the things that they were formerly utilizing it for," said Greg Archer with Transport & Environment.<br>
|
||||||
|
<br>"And they're simply purchasing more virgin oil and that virgin oil is mainly palm oil, since that's the most inexpensive oil readily available.<br>
|
||||||
|
<br>"So indirectly, we're [simply encouraging](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) more logging in Southeast Asia."<br>
|
||||||
|
<br>Another major problem with UCO is the suspicion of scams.<br>
|
||||||
|
<br>Because of demand from Europe, the price of UCO is often greater than palm oil. The worry is that some unscrupulous traders are merely diluting shipments of UCO with palm.<br>
|
||||||
|
<br>As oils of different types are mixed in bulk for transportation, and no screening of the products is performed, some professionals believe fraud is rife.<br>
|
||||||
|
<br>The recommendation of scams anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust certification plans in location.<br>
|
||||||
|
<br>"It is extensively understood that the European Commission has actually taken appropriate actions to entirely suppress unsound market practices in [biofuel](https://stocktwits.com/symbol/MNEL) markets," said Angel Alberdi, EWABA's secretary general.<br>
|
||||||
|
<br>He states a new database being established by the EU will make sure that trading, certification and sustainability data on all bio-liquids will have to be registered.<br>
|
||||||
|
<br>"The combination of revised certification schemes and the pan-EU track and trace database will [guarantee](https://www.bloomberg.com/profile/company/MNELF:US) that no [sustainability concerns](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) emerge in the entire [biofuels](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and [bio-liquids supply](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) chain," he told BBC News.<br>
|
||||||
|
<br>Others in the field are concerned that the database idea, which was very first mooted in 2018, may not be effective in stemming believed scams.<br>
|
||||||
|
<br>The report from Transport & Environment points out that with shipping and aviation wanting to decarbonise by utilizing biofuels, demand for UCO might double over the next years.<br>
|
||||||
|
<br>"Rising the demand beyond sustainable supply levels would increase these issues, and dangers of [utilizing 'phony'](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) UCO, potentially causing indirect impacts such as logging."<br>
|
||||||
|
<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
|
||||||
|
<br>Related subjects<br>
|
||||||
|
<br>COP26<br>
|
||||||
|
<br>Paris climate agreement<br>
|
||||||
|
<br>Climate<br>
|
||||||
Loading…
Reference in New Issue